Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.010%

Price spread now: KuCoin against Lighter RH+0.023%7-day average −0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$530.526% of the position

Long on Lighter RH Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.119%+$12 on $10k

Price spread, last 4 days (all we have)−0.196%−$20 · spread now +0.023%, 7d avg −0.032%

Together, before fees−0.077%+ Points / potential airdropLighter RH: Points live · farm board−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.054% dearer against Lighter RH than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH AMD	619.63	0.0032	pay 0.0004% / 1h	20m 17s	$835K	$4.6M	10x
Short	KuCoin AMDUSDTM	619.77	0.0100	get 0.0100% / 8h	20m 17s	$1.9M	$314K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Lighter RH. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Lighter RHbpFee KuCoinbpOrdersPrice spread, now +0.023%Rate

Funding earned: $14.28
Price spread: +0.023% → −0.032%: $5.45
Slippage, 4 orders: −$40.63
Fee Lighter RH: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$32.9
Costs to cover: 0.526%
Break-even: 23.1 days

Slippage from Lighter RH: live order book, 3 min ago; KuCoin: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter RH live order book, 3 min ago	1.61 bp	2.5 bp −$2	8.3 bp −$83	doesn't fit	doesn't fit
Sell KuCoin live order book, 1 min ago	7.90 bp	31.6 bp −$32	doesn't fit	doesn't fit	doesn't fit

AMD on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX AMDUSDC	−0.0553%	4h	620.33	+0.113%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	620.26	+0.102%	$4.4M	$13.6M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	620.06	+0.069%	$1K	$8.9M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	620.04	+0.066%	$132K	$581K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	620.24	+0.098%	$1.8M	$459K	10x	as long as short
Lighter RH AMDlong	+0.0032%	1h	619.63	long leg	$835K	$4.6M	10x
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.277%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	620.96	+0.215%	—	$950K	25x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	619.71	+0.013%	$395K	$1.6M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	619.28	−0.056%	$1.5M	$4.8M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX AMD-USD	+0.0074%	1h	619.94	+0.050%	$25K	$24K	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	620.15	+0.084%	$2.3M	$13.5M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0080%	1h	619.67	+0.006%	$311K	$1.8M	10x	as long as short
KuCoin AMDUSDTMshort	+0.0100%	8h	619.77	+0.023%	$1.9M	$314K	20x
ApeX Omni AMDUSDT	+0.0100%	1h	620.19	+0.090%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	619.86	+0.037%	$378	$6K	10x	as long as short
tradeXYZ xyz:AMD	+0.0120%	1h	619.59	−0.006%	$24.8M	$94.5M	10x	as long as short
Lighter AMD	+0.0144%	1h	619.72	+0.015%	$525K	$2.5M	10x	as long as short
OKX AMD-USDT-SWAP	+0.0153%	8h	619.94	+0.050%	$6.8M	$28.6M	25x	as long as short
Aster AMDUSDT	+0.0205%	8h	620.14	+0.082%	$72K	$416K	50x	as long as short
Phoenix AMD	+0.0207%	1h	620.08	+0.073%	$2K	$92K	10x	as long as short
Aevo AMD-PERP	+0.0216%	1h	620.30	+0.108%	$11K	—	10x	as long as short
Nado AMD-PERP	+0.0460%	1h	619.51	−0.019%	$317K	$167K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0477%	8h	620.32	+0.111%	$17K	$133K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0493%	1h	619.74	+0.018%	$77K	$162K	10x	as long as short
Variational Omni AMD	+0.0494%	8h	620.08	+0.073%	$2.7M	$3.2M	—	as long as short
BloFin AMD-USDT	+0.0516%	8h	620.41	+0.126%	$6K	$545K	20x	as long as short
Bitget AMDUSDT	+0.0539%	8h	620.03	+0.065%	$10.1M	$18.0M	20x	as long as short
Binance AMDUSDT	+0.0542%	8h	620.06	+0.070%	$75.5M	$192.4M	25x	as long as short
Extended AMD_24_5-USD	+0.0544%	1h	619.93	+0.049%	$464K	$1.5M	10x	as long as short
Arcus AMD-USD	+0.0919%	1h	619.90	+0.044%	$145K	$264K	10x	as long as short